Jim Balsillie, the former co-CEO of BlackBerry has ditched his shares.
According to a new regulatory, filing Balsillie late last year dumped his stake in BlackBerry, unloading about 26.8 million shares or a roughly 5 percent of the company. Balsillie hasn’t responded to a request for comment on the sale and BlackBerry declined to provide one saying it doesn’t comment on holdings of individual shareholders.

In pre-market trading Thursday, RIM’s shares tanked more than 6 percent, tumbling to about $13.00.

Looks like he exited with some liquid assets while he could.